7/56 Botany Road, Alexandria NSW 2015

One of the inner city's most affordable properties, this second floor security apartment presents an outstanding opportunity for first home buyers or investors. Part of a boutique block of sixteen, the comfortable studio features bright well-maintained interiors. Located in a rapidly developing precinct, it offers excellent potential for those seeking to benefit from long term growth.

- Approx. 5.8% gross return
- Neat kitchen, modern bathroom
- Great investment with scope to achieve excellent rental returns
- Currently tenanted for $300pw
- Moments from a great selection of local shops and eateries
- Walk to Redfern Station, Carriageworks and Alexandria Park
- Council rates: $808.40 per annum approx.
- Water rates: $180.40 per quarter approx.
- Strata rates: $405.00 per quarter approx..